Keybank National Association OH Sells 37,891 Shares of lululemon athletica inc. $LULU

Keybank National Association OH trimmed its position in shares of lululemon athletica inc. (NASDAQ:LULU) by 66.7% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,893 shares of the apparel retailer’s stock after selling 37,891 shares during the period. Keybank National Association OH’s holdings in lululemon athletica were worth $3,362,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Blue Trust Inc. boosted its position in shares of lululemon athletica by 96.8% during the 2nd quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer’s stock worth $29,000 after acquiring an additional 61 shares in the last quarter. Trust Co. of Toledo NA OH acquired a new position in lululemon athletica during the second quarter valued at approximately $30,000. Tradewinds Capital Management LLC lifted its stake in lululemon athletica by 18,400.0% during the third quarter. Tradewinds Capital Management LLC now owns 185 shares of the apparel retailer’s stock worth $33,000 after purchasing an additional 184 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. boosted its holdings in shares of lululemon athletica by 464.0% in the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 141 shares of the apparel retailer’s stock valued at $34,000 after purchasing an additional 116 shares in the last quarter. Finally, Golden State Wealth Management LLC increased its stake in shares of lululemon athletica by 129.4% in the 3rd quarter. Golden State Wealth Management LLC now owns 195 shares of the apparel retailer’s stock valued at $35,000 after purchasing an additional 110 shares during the last quarter. 85.20% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts recently weighed in on LULU shares. Bank of America upped their price objective on lululemon athletica from $185.00 to $220.00 and gave the stock a “neutral” rating in a research report on Friday, December 12th. UBS Group set a $206.00 price target on shares of lululemon athletica in a report on Wednesday, December 31st. The Goldman Sachs Group upped their price objective on shares of lululemon athletica from $180.00 to $200.00 and gave the stock a “neutral” rating in a research report on Friday, December 12th. Telsey Advisory Group restated a “market perform” rating and issued a $215.00 target price on shares of lululemon athletica in a research report on Monday, January 26th. Finally, Sanford C. Bernstein cut shares of lululemon athletica from an “outperform” rating to a “market perform” rating and set a $190.00 target price on the stock. in a research note on Thursday, October 16th. Two equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, thirty have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $227.05.

Insider Activity

In other news, insider Celeste Burgoyne sold 13,511 shares of the firm’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $204.00, for a total transaction of $2,756,244.00. Following the completion of the transaction, the insider directly owned 5,318 shares in the company, valued at $1,084,872. This trade represents a 71.76% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.54% of the stock is owned by company insiders.

lululemon athletica Stock Performance

Shares of NASDAQ:LULU opened at $179.08 on Tuesday. The firm has a market cap of $21.01 billion, a PE ratio of 12.41, a price-to-earnings-growth ratio of 10.78 and a beta of 1.01. The firm’s fifty day moving average is $197.61 and its 200-day moving average is $188.27. lululemon athletica inc. has a 52 week low of $159.25 and a 52 week high of $417.91.

lululemon athletica (NASDAQ:LULU) last posted its quarterly earnings data on Thursday, December 11th. The apparel retailer reported $2.59 earnings per share for the quarter, beating analysts’ consensus estimates of $2.22 by $0.37. The business had revenue of $2.57 billion during the quarter, compared to the consensus estimate of $2.48 billion. lululemon athletica had a return on equity of 39.78% and a net margin of 15.72%.lululemon athletica’s quarterly revenue was up 7.1% on a year-over-year basis. During the same period in the prior year, the business posted $2.53 earnings per share. lululemon athletica has set its FY 2025 guidance at 12.920-13.020 EPS and its Q4 2025 guidance at 4.660-4.760 EPS. Sell-side analysts forecast that lululemon athletica inc. will post 14.36 EPS for the current year.

lululemon athletica Profile

lululemon athletica inc. is a design-focused athletic apparel company known for performance-oriented apparel, footwear and accessories. The company’s product portfolio centers on technical apparel for yoga, running, training and everyday active lifestyle use and includes tops, bottoms, outerwear, underwear, bags and a growing footwear assortment. lululemon emphasizes fabric science and product innovation, marketing garments that blend performance features with lifestyle styling.

Products are developed in-house and produced through a network of third-party manufacturers.